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Swiss National Bank sees no alternative to expansive policy to tackle COVID-19

Swiss National Bank sees no alternative to expansive policy to tackle COVID-19 Toggle share menu Advertisement Swiss National Bank sees no alternative to expansive policy to tackle COVID-19 FILE PHOTO: A general view shows the building of the Swiss National Bank (SNB) in Zurich, Switzerland September 24, 2020. REUTERS/Arnd Wiegmann 17 Dec 2020 07:20PM (Updated: 17 Dec 2020 07:31PM) Share this content Bookmark ZURICH: The Swiss National Bank paid no heed to b...
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Dollar gets global beating as stimulus, Brexit boost risk appetite

Dollar gets global beating as stimulus, Brexit boost risk appetite SECTIONS Last Updated: Dec 17, 2020, 08:58 PM IST Share Synopsis Congressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States, according to lawmakers and aides, boosting stock markets across the globe. The dollar index continued to retreat during morning trading in Europe, falling at one point to a new low of 89.867 against a basket of currencies after breaking below 90 for the first time si...
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FOREX-Dollar gets global beating as stimulus, Brexit boost risk appetite

FOREX-Dollar gets global beating as stimulus, Brexit boost risk appetite Reuters 12/17/2020 Popular Searches * BoE leaves rates unchanged * Norways crown rises after c-bank rate decision * Bitcoin rises to record high above $23,000 * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Julien Ponthus LONDON, Dec 17 (Reuters) - The dollar fell to its lowest in over two years against major currencies on Thursday after the Federal Reserve stuck to its current policy guns while hopes for ...
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Source: msn.com

UPDATE 2-Swiss National Bank says expansive policy vital to battle COVID-19 downturn

17 Dec 2020 / 18:14 H. * SNB brushes of U.S. criticism that it manipulates currency * Central bank to exit coal investments from portfolio * Says Swiss economic outlook has deteriorated (Recasts with comments from SNB, analyst, detail) By John Revill ZURICH, Dec 17 (Reuters) - The Swiss National Bank paid no heed to being branded a currency manipulator by the United States, promising on Thursday to continue an expansive monetary policy and forex interventions it said were vital to cushion the ...
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